Bitcoin is currently trapped in a tight range around the $64K–$65K zone, and the reason is simple: macro forces are pulling in opposite directions.
BTC recently failed to hold above $65,000 and is trading near $64K after another rejection.
On one side, weaker U.S. labor data has reduced expectations for aggressive Fed tightening, while spot Bitcoin ETFs are seeing renewed demand, with recent inflows reaching roughly $626M over three sessions.
But the other side is keeping bulls cautious. The Fed rate remains at 3.50%–3.75%, Treasury yields are rising, and markets are waiting for the latest U.S. CPI data. July CPI is expected around 3.4% YoY, with core CPI near 2.5%.
So right now, #Bitcoin has strong institutional demand underneath, but higher yields and inflation uncertainty above. Until one of these forces breaks, $65K could remain the battlefield.
Although $BICO is a project launched in 2023, it experienced a significant drop after its launch.
This decline appears to have reversed after a long time. It has begun an upward trend. With this trend, we may once again see prices reach levels we didn’t expect.
Even with a small influx of capital, the first resistance level is 0.17
Bless has been forming high candles for the past two days. It hasn’t let anyone take the top spot on the gainers list.
It’s time to go short—momentum has dropped, the price has slowed down, and volume has fallen to very, very low levels compared to previous days. The coin is highly speculative, but this is a good area to try a short.
I don’t understand why the coin is holding at these levels.
Storj Labs the company behind the coin has filed for bankruptcy protection, but this situation could result in bankruptcy.
The coin’s price is currently at the 20m level; it could fall further, and if bankruptcy occurs, we could see a drop of as much as 90%. #STORJ #GoldRises #BrentCrudeFallsAbout6%